Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Call for Shore Power in Greenland

Call for Shore Power in Greenland

Port Everglades Welcomes Largest Cargo Ship to Date

Port Everglades Welcomes Largest Cargo Ship to Date

U.S. Fires to Disable Panama-Flag Ship Accused of Violating Iran Blockade

U.S. Fires to Disable Panama-Flag Ship Accused of Violating Iran Blockade

European Wheat Prices Extend Losses Amidst Black Sea Truce Talks

European Wheat Prices Extend Losses Amidst Black Sea Truce Talks

Subscribe for Maritime Logistics Professional E‑News

Alpha Compute says it will purchase Pennsylvania land and gas rights to build a $55 million datacenter campus in Pennsylvania.
Travel company TUI misses quarterly profit view as bookings fall
What has been attacked by Ukraine in its attacks on Russian energy sites?